History
CEMFI is a leading institution in research and graduate education in economics in Europe. It was founded by the Bank of Spain in 1987 with the objective of promoting excellence in research and training of new generations of economists.
Education
CEMFI offers a high-quality graduate program leading to Master and PhD degrees in Economics. Some of our graduates have obtained Assistant Professorship positions in top institutions, such as MIT or LSE.
Research
CEMFI frequently participates in joint research projects and networks involving other research institutions in Europe. In addition, CEMFI faculty have won several highly competitive grants awarded by international and national funding agencies. These include five of the prestigious grants awarded by the European Research Council (ERC), as well as grants from the Russell Sage Foundation, the Fundación Ramón Areces, the regional Government of Madrid and the Government of Spain.
Campus life
CEMFI is located at Calle Casado del Alisal, number 5. We are in a beautiful listed building dating from 1887 which is located in a quiet and attractive area in the centre of Madrid close to the Prado Museum. It is surrounded by the Retiro Park and the Paseo del Prado, declared World Heritage Site in 2021. CEMFI is also close to the Banco de España, whose extensive library, specialized in economics, can be used by our faculty and students. We also have space with work areas in the adjacent building (Casado del Alisal, number 7).
